Lifestyle
US: Wall St opens higher after scorching AI-led rally
WALL Street’s main indexes opened higher on Friday (Feb 23) after a stunning rally in the previous session, spurred by upbeat results from AI poster child Nvidia that renewed...
No Signboard’s request for extension to hold AGM rejected by Acra and SGX
BOTH the Accounting and Corporate Regulatory Authority (Acra) and the Singapore Exchange (SGX) have rejected No Signboard Holdings’ application for an extension of time to hold its annual general...
Warner Bros Discovery misses quarterly revenue estimates
WARNER Bros Discovery fell short of Wall Street estimates for quarterly revenue on Friday (Feb 23), weighed down by the absence of blockbuster releases due to the lingering impact...
BHG Retail Reit H2 DPU falls 80.5% to S$0.0008
BHG Retail Reit reported on Friday (Feb 23) a 80.5 per cent decline in distribution per unit (DPU) for the second half of 2023, despite higher net property income...
China securities regulator says penalties will be severe in market crackdown
CHINA’S securities regulator said on Friday (Feb 23) it would mete out increasingly tough penalties on fraudulent listings, accounting scams and misappropriation of funds by big shareholders, as part...
Allianz profit jumps; insurer unveils 1 billion euro buyback
ALLIANZ reported a fourth-quarter profit that jumped by 17 per cent as the parent company of Pacific Investment Management prepares to return more capital to investors. Group operating profit...
Is the ringgit bottoming?
THE Malaysian ringgit has slumped against the US dollar to a level not seen since the Asian financial crisis – a quarter of a century ago. Against the Sing...
Hot stock: Genting Singapore falls 9.7% on Friday after Q4 results disappoint
SHARES of Genting Singapore fell as much as 10.2 per cent on Friday (Feb 23), after the operator of Resorts World Sentosa reported disappointing fourth-quarter financials the day before....
